Red Iron Oxide Production | Lanxess Investing 55 Million Euros For Red Iron Oxide Production in China

Lanxess to build iron oxide red pigments facility in Ningbo, China

10:17 AM, 4th July 2013
Lanxess Investing on Red Iron Oxide Production3

LEVERKUSEN, GERMANY: Lanxess is investing €55 million in for a premium iron oxide red pigments facility in Ningbo, China, which will have an initial annual capacity of 25,000 metric tonne. With the start of the piling process, the construction work is proceeding right on schedule. New red iron oxide pigments will be introduced to the global market in the first quarter of 2015. Through its new plant, Lanxess will create 150 new jobs in Ningbo.

“The plant expands our global production network for inorganic pigments and enhances Lanxess’ position as a leading supplier of sustainable pigments with outstanding properties and performance. It also further complements our product portfolio and allows us to be better positioned to meet the growing market demand not only in China, but globally,” said Joerg Hellwig, Head of Inorganic Pigments business unit, Lanxess.

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